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Net Loss per Common Share (Tables)
 3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Schedule of Weighted Average Number of Shares
The following table presents a reconciliation of net loss and the shares used in calculating weighted average basic and diluted earnings per common share for the quarters ended March 31, 2016, and March 31, 2015.
 
For the Quarter Ended
 
March 31, 2016
 
March 31, 2015
Net Loss
$
(279,475
)
 
$
(125,469
)
Less: Preferred dividends
(3,905
)
 
(3,905
)
Net loss related to common stockholders
$
(283,380
)
 
$
(129,374
)
 
 
 
 
Weighted average common shares outstanding – basic
36,683

 
44,118

Add: Effect of dilutive non-vested awards, assumed vested
—

 
—

Weighted average common shares outstanding – diluted
36,683

 
44,118